FARNHAM MALTINGS ASSOCIATION LIMITED

Charity number: 305034
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

Farnham Maltings is a cultural organisation that exists to encourage the people of Farnham and further afield to participate in, shape and understand the world in which we live. We organise our work in pursuit of our ambition to ensure that Farnham remains a happy, safe and creative community capable of supporting an organisation that enriches the cultural offer for the region.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£2,806,926

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Donations and legacies £15.06k
Charitable activities £2.45m
Other trading activities £319.25k
Investments £21.63k
Other £0

Total expenditure:
£3,240,013

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Raising funds £0
Charitable activities £3.24m
Other £0

£19,840 investments gains (losses)

Total income includes £1,110,289 from 4 government grant(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £0
Charitable expenditure £3.24m

People

74 Employee(s)

10 Trustee(s)

88 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 1

Fundraising

No information available

Trading

One or more trustees are also directors of the subsidiaries

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • Arts/culture/heritage/science
  • Environment/conservation/heritage
  • Other Charitable Purposes
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Individuals
  • Makes Grants To Organisations
  • Provides Buildings/facilities/open Space
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Hampshire
  • Surrey

Governance

Registration history:
  • 13 January 1970: Standard registration
Organisation type:
Charitable company
Other names:
  • FARNHAM MALTINGS (Working name)
Company number:
00954753 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
MICHAEL MAHER Chair 21 November 2020
None on record
Sarah Elsie Cheers Trustee 27 March 2025
ST BARBE MUSEUM AND ART GALLERY
Received: On time
David Harland Trustee 01 October 2024
None on record
Holly Dolan Shakeri Trustee 01 October 2024
None on record
Joanne Eleanor Bradshaw Trustee 06 May 2023
None on record
Hedda Mary Bird Trustee 26 November 2022
None on record
Matthew Cummins Trustee 26 November 2022
None on record
Muaz Notiar Trustee 26 November 2022
None on record
Harriet Esther Wade Trustee 20 May 2022
None on record
Kerri-Ann O'Neill Trustee 20 May 2022
OXFAM
Received: 3 days late

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £2.91m £2.38m £2.75m £2.77m £2.81m
Total expenditure £3.01m £1.87m £2.32m £2.91m £3.24m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants £999.50k £1.25m £1.27m £1.05m £1.11m
Income - Donations and legacies £35.91k £30.46k £64.81k £17.25k £15.06k
Income - Other trading activities £287.31k £141.63k £242.71k £277.75k £319.25k
Income - Charitable activities £2.58m £1.76m £2.41m £2.47m £2.45m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £7.66k £1.09k £196 £4.59k £21.63k
Income - Other £0 £445.96k £34.33k £0 £0
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £3.01m £1.87m £2.32m £2.91m £3.24m
Expenditure - Raising funds £0 £0 £0 £0 £0
Expenditure - Governance £5.00k £5.00k £11.01k £36.22k £13.59k
Expenditure - Grants institution £0 £0 £0 £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £1.39m £1.41m £1.41m £1.47m £1.46m
Long-term investments £200.00k £213.84k £239.68k £237.59k £257.43k
Other assets £1.11m £1.64m £2.21m £2.06m £1.75m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £267.05k £282.30k £411.96k £452.14k £452.45k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 10 January 2025 On Time
Accounts and TAR 31 March 2024 10 January 2025 On Time Download Open in new window
Annual return 31 March 2023 15 February 2024 15 days late
Accounts and TAR 31 March 2023

(These accounts
have been qualified)

15 February 2024 15 days late Download Open in new window
Annual return 31 March 2022 03 February 2023 3 days late
Accounts and TAR 31 March 2022 03 February 2023 3 days late Download Open in new window
Annual return 31 March 2021 23 December 2021 On Time
Accounts and TAR 31 March 2021 23 December 2021 On Time Download Open in new window
Annual return 31 March 2020 22 April 2021 81 days late
Accounts and TAR 31 March 2020 05 December 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 22/05/1969 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20/09/1997 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 08/11/2014 AS REGISTERED AT COMPANIES HOUSE ON 24/11/2014 NULL AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 23 JAN 2023

Charitable objects

THE OBJECTS FOR WHICH THE COMPANY IS ESTABLISHED ARE:- 1) TO ESTABLISH COMMUNITY CENTRES FOR THE BENEFIT OF THE INHABITANTS OF THE TOWN OF FARNHAM AFORESAID AND THE NEIGHBOURHOOD, WITHOUT DISTINCTION OF SEX, SEXUAL ORIENTATION, RACE, OR POLITICAL, RELIGIOUS OR OTHER OPINIONS, FOR THE ADVANCEMENT OF EDUCATION AND THE PROVISION OF FACILITIES, IN THE INTERESTS OF SOCIAL WELFARE, FOR RECREATION AND LEISURE-TIME OCCUPATION, WITH THE OBJECT OF IMPROVING THE CONDITIONS AND LIFE FOR THE SAID INHABITANTS. 2) TO PROMOTE AND ENCOURAGE THE ARTS, FOR THE PUBLIC BENEFIT, INCLUDING THE MUSICAL, VISUAL, DRAMATIC, CINEMATIC AND APPLIED ARTS. 3) GENERALLY TO ENCOURAGE, PROMOTE, UNDERTAKE OR CARRY ON OR ASSIST THE PROMOTION, UNDERTAKING OR CARRYING ON OF SUCH CHARITABLE ACTIVITIES AND PURPOSES AS MAY PROMOTE THE ARTS AND STRENGTHEN THE BONDS OF COMMUNITY LIFE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

FARNHAM AND THE NEIGHBOURHOOD.

Contact information

Address:
The Farnham Maltings Ass'n Ltd
Bridge Square
FARNHAM
Surrey
GU9 7QR
Phone:
01252745444
Email:
info@farnhammaltings.com
Website:

www.farnhammaltings.com Open in new window